INVESTORS TITLE CO
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 8, 2025
ITIC$270.43+4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations For the
Consolidated Statements of Operations
(in thousands, except per share amounts)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues: | ||||
| Net premiums written | $54,496 | $51,416 | $100,841 | $91,596 |
| Escrow and other title-related fees | 5,694 | 4,801 | 9,586 | 8,524 |
| Non-title services | 5,477 | 4,304 | 10,086 | 8,608 |
| Interest and dividends | 2,361 | 2,568 | 4,700 | 5,088 |
| Other investment income | 609 | 890 | 1,019 | 1,001 |
| Net investment gains | 2,104 | 1,242 | 925 | 3,664 |
| Other | 2,908 | 161 | 3,057 | 360 |
| Total Revenues | 73,649 | 65,382 | 130,214 | 118,841 |
| Operating Expenses: | ||||
| Commissions to agents | 29,077 | 26,550 | 53,934 | 46,420 |
| Provision for claims | 2,080 | 905 | 2,403 | 1,815 |
| Personnel expenses | 17,460 | 18,154 | 35,794 | 36,736 |
| Office and technology expenses | 4,327 | 4,308 | 8,867 | 8,773 |
| Other expenses | 4,907 | 4,198 | 9,365 | 8,033 |
| Total Operating Expenses | 57,851 | 54,115 | 110,363 | 101,777 |
| Income before Income Taxes | 15,798 | 11,267 | 19,851 | 17,064 |
| Provision for Income Taxes | 3,520 | 2,396 | 4,402 | 3,668 |
| Net Income | $12,278 | $8,871 | $15,449 | $13,396 |
| Basic Earnings per Common Share | $6.51 | $4.71 | $8.19 | $7.10 |
| Weighted Average Shares Outstanding – Basic | 1,887 | 1,884 | 1,886 | 1,886 |
| Diluted Earnings per Common Share | $6.48 | $4.70 | $8.16 | $7.10 |
| Weighted Average Shares Outstanding – Diluted | 1,894 | 1,886 | 1,894 | 1,887 |
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